Question 1

What is Collins State Bank?

Accepted Answer

Collins State Bank is a community-focused commercial bank serving rural and suburban communities in Wisconsin. With approximately $286 million in assets and 6 branch locations, the bank specializes in commercial lending while offering comprehensive personal and business banking services. Collins State Bank operates as a state-chartered commercial bank supervised by the FDIC and is held by Community Capital Bcorp Inc.

The bank serves the Manitowoc County area and surrounding regions with a focus on supporting local businesses, agricultural operations, and individual customers through personalized banking relationships.

Question 2

When was Collins State Bank founded?

Accepted Answer

Collins State Bank was founded on January 1, 1914, and has been serving Wisconsin communities for over 110 years. The bank became FDIC insured on December 10, 1934, shortly after the creation of the Federal Deposit Insurance Corporation.

The bank was incorporated on February 23, 1989, transitioning to its current corporate structure. Throughout its history, Collins State Bank has maintained its commitment to community banking and local service while adapting to modern banking needs.

Question 3

Where is Collins State Bank headquartered?

Accepted Answer

Collins State Bank is headquartered in Collins, Wisconsin, a small community in Manitowoc County. The main office is located at 20741 County Road JJ, Collins, WI 54207.

The headquarters serves as the operational center for the bank's network of branches throughout east-central Wisconsin.

Question 4

Where does Collins State Bank operate?

Accepted Answer

Collins State Bank operates 6 branches across east-central Wisconsin, serving communities in and around Manitowoc County. Branch locations include:
• Collins (headquarters) - 20741 CTH JJ
• Random Lake - 302 East Towne Drive
• Kiel - 913 Service Road
• Brillion - 314 N. Main Street
• Menomonee Falls - N78W14651 Appleton Avenue
• Hartland - 810 Cardinal Lane, Suite 120 (by appointment only)

The bank's primary service area encompasses the Manitowoc metropolitan statistical area, with additional presence in Waukesha County communities. Based on lending records, the bank's mortgage activity is concentrated primarily in Wisconsin, with over 99% of recent loan volume originating within the state.

Question 5

What services does Collins State Bank offer?

Accepted Answer

Collins State Bank offers a full range of personal and business banking services tailored to community needs:

Personal Banking:
• Checking and savings accounts
• Money market accounts
• Certificates of deposit (CDs)
• Individual Retirement Accounts (IRAs)
• Consumer lending (auto, personal, home equity)
• Residential mortgages

Business Banking:
• Commercial checking and savings
• Commercial lending and lines of credit
• Small business loans
• Agricultural lending
• Commercial real estate financing

Digital Banking Services:
• Mobile banking app with account access, transfers, and mobile deposit
• Online banking with 24/7 account access
• Telephone banking (1-866-953-4433)
• Bill pay services
• Zelle for person-to-person payments
• Debit card fraud protection through CardValet

The bank emphasizes its lending expertise, particularly in commercial real estate, small business loans, and 1-4 family residential mortgages.

Question 6

What makes Collins State Bank unique?

Accepted Answer

Collins State Bank distinguishes itself through several key characteristics:

Commercial Lending Specialization: The bank has a formal commercial lending specialization designation, with approximately 45% of its loan portfolio concentrated in commercial real estate, small business loans, and commercial and industrial lending.

Long-Standing Community Presence: With over 110 years of continuous service since 1914, the bank has deep roots in rural Wisconsin communities and maintains a commitment to relationship banking.

Rural and Agricultural Focus: The bank serves smaller communities like Collins, Random Lake, and Brillion, providing banking services to areas that might otherwise be underserved by larger institutions. The bank also supports local agricultural operations.

Strong Financial Performance: Collins State Bank maintains healthy financial metrics with a Return on Assets (ROA) of 0.84% and Return on Equity (ROE) of 8.92%, along with solid capitalization ratios exceeding regulatory requirements.

Local Decision-Making: As an independent community bank, Collins State Bank makes lending decisions locally, enabling faster response times and more personalized service for customers.

Question 7

What type of financial institution is Collins State Bank?

Accepted Answer

Collins State Bank is a Commercial Bank with state charter status. Specifically, it operates as a commercial bank with a state charter that is not a member of the Federal Reserve System, supervised by the FDIC.

This structure allows the bank to focus on commercial lending activities while maintaining community banking values. The bank holds a commercial lending specialization, which reflects its expertise in serving business customers alongside retail banking services. As a state-chartered institution, Collins State Bank operates under Wisconsin banking regulations in addition to federal FDIC oversight, providing flexibility to serve local market needs while maintaining strong regulatory compliance and deposit insurance protection.

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